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Stock impact report

Owens & Minor outlines pure-play home-based care focus with $2.76B–$2.82B 2025 revenue guidance amid major divestiture [Seeking Alpha]

Healthcare Services Group, Inc. (HCSG) 
Last healthcare services group, inc. earnings: 2/11 04:48 pm Check Earnings Report
US:NASDAQ Investor Relations: hcsg.client.shareholder.com
Company Research Source: Seeking Alpha
Edward Pesicka, President and CEO, announced a definitive agreement with Platinum Equity to sell the Products & Healthcare Services (P&HS) segment, including both the Medical Distribution and Global Products divisions. Pesicka stated that "P&HS will be better positioned Quick Insights Management expects a simpler business model, improved cash flow, proactive debt reduction, and continued compliance with debt covenants, with little negative impact from customer contract losses. The company will become a pure-play home-based care operator, investing in the Patient Direct segment, technology, and automation for growth in chronic disease segments. Risks include stranded costs from the divestiture, the 2026 loss of a large customer contract, managing elevated net debt, and navigating possible regulatory changes in home-based healthcare. More Trending News Show less Read more
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